Tax exemptions approved for Amos Building expansion

Posted: Aug 20, 2019 / 05:34 PM EDT / Updated: Aug 20, 2019 / 05:35 PM EDT

SYRACUSE, N.Y. (WSYR-TV) — The Syracuse Industrial Development Agency has approved tax exemptions for developers of the multi-million dollar expansion at the Amos Building near Clinton Square.

They hope to add more apartments and retail space to the building, but part of the project was put on hold in order to preserve the history of the building.

Right now, the focus is on two levels of mechanized parking for the building. They hope to start construction by the end of the year.

“You don’t need any manpower, so it’s manless. You’ll have a fob, you’ll hit your fob on the kiosk, and you can call for your car. You can cue it. If you have to work at eight, you can cue it for 7:45. It facilitates a larger volume of residential units,” said Rich Pascarella, Vice President of Granite Development.

They believe construction will take 12 to 24 months to complete.

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